Feds should invest $50B in green projects for post-pandemic stimulus: experts

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When the time comes for Canada to turn its attention to post-pandemic stimulus, a group of finance and policy experts says Ottawa needs to invest heavily in green infrastructure projects, including energy-efficient buildings, to secure an economic recovery with staying power.

The Task Force for a Resilient Recovery was struck independent of government in May, with the goal of coming up with tangible actions for governments to help get Canadians back to work while also building a low-carbon economy.

Andy Chisholm, who sits on the board of directors of RBC and is a member of the federal government's expert panel on sustainable finance, says "inefficient buildings," which are not ready for the effects of climate change, represent some of the biggest financial and environmental risks for Canadian economies.

The ultimate goal is to ensure Canada is focusing on the future and the needs of the country in the years and decades to come if and when it starts to roll out billions of dollars in economic stimulus once the health emergency spending phase is over, Chisholm said. Growing green sectors also creates more opportunities for groups that have been most affected by the pandemic, she said.

 

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And the article claims that the task force is independent of government? It includes 3 former political advisers, Gerald Butts being one of them, the brain behind the disastrous Ontario Green Energy plan. Be afraid. cdnpoli

Doesn’t mention that one of the members is Gerald Butts

No they shouldn't. It has shown itself to be a bad investment all along.

Waste of money!

canada_unite Gotta divert the recently busted WE slush fund somewhere else to cover things up. Look a squirrel tactic.

'Experts' 😂 And u wonder why your sound bite industry is dead. ..

Eliminate capital gains tax and more people would voluntarily invest in green energy companies of their choice based on reputation of success.

What a waste of money.

Mountains of trashed solar panels. No thanks.

🤦🏻

More money wasted!

No stop! We have roads and bridges that need repairs and construction. There are many projects waiting for the go-ahead that don't require near permanent natural destruction to acquire the materials the build panels and batteries. Spend the money to repair the fish stocks

No. Invest in insulation and energy efficiency! Panels are only good when you are not hooked up to the grid.

Tell me please where we get 50b. Ol skippy spent the cupboard dry. Oh and if we had 50b why would we waste it on low efficiency green projects?

Are those the solar panels on southern Alberta that they are dismantling because it wasn't cost effective.

If green projects are viable let private corps invest in them. Government can cut red tape.

What a complete whacko idea that is !!! That’s not stimulus that’s stubborn idiotic agenda pushing financial dead ends

Good.. climate change is the biggest threat

Absolutely No! The people don’t need another 50 billion of debt around our necks for a highly questionable technology simply to further escalate the costs of energy.

Yes buy Tesla power packs

Another 50 B wasted.

Hydroelectric or nuclear, take your pick.

Can you educate yourself on Green Energy. Maybe watch Michael Moore’s Planet of the Humans as a starter.

LOL. Maybe they’ll contract WE to manage the project “because they’re the only ones who can do it”. TrudeauResignNOW

Lithium and cadmium for batteries, strip mined and toxic disposal. Materials for wind farms costly to produce, short life span. Minerals for solar arrays, strip mined. Lots of fossil fuels are needed to create these. Hardly green.

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